VanEck Oil Financial Statements From 2010 to 2024
| OIH Etf | USD 307.26 3.40 1.12% |
Check VanEck Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VanEck Oil's main balance sheet or income statement drivers, such as , as well as many indicators such as . VanEck financial statements analysis is a perfect complement when working with VanEck Oil Valuation or Volatility modules.
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VanEck Oil Services ETF Price To Earning Analysis
VanEck Oil's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current VanEck Oil Price To Earning | 13.28 X |
Most of VanEck Oil's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VanEck Oil Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, VanEck Oil Services has a Price To Earning of 13.28 times. This is 386.45% higher than that of the VanEck family and significantly higher than that of the Equity Energy category. The price to earning for all United States etfs is notably lower than that of the firm.
VanEck Oil Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Oil's current stock value. Our valuation model uses many indicators to compare VanEck Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Oil competition to find correlations between indicators driving VanEck Oil's intrinsic value. More Info.VanEck Oil Services is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Oil Services is roughly 12.77 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VanEck Oil's earnings, one of the primary drivers of an investment's value.About VanEck Oil Financial Statements
Investors use fundamental indicators, such as VanEck Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although VanEck Oil's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Oil is traded on NYSEARCA Exchange in the United States.
Currently Active Assets on Macroaxis
When determining whether VanEck Oil Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Oil Services Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Oil Services Etf:Check out the analysis of VanEck Oil Correlation against competitors. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of VanEck Oil Services is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Oil's market value can be influenced by many factors that don't directly affect VanEck Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.